UK's Pendragon receives takeover proposal from AutoNation

In this article:

Sept 26 (Reuters) - Britain's Pendragon said on Tuesday it received an unsolicited proposal from AutoNation to buyout the automotive retailer for 32 pence per share in cash.

(Reporting by Anandita Mehrotra in Bengaluru; Editing by Shweta Agarwal)

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